Crypto Traders Are Bullish on Ethereum, BTC, EOS, XRP, Say ETH Is ‘Significantly Undervalued’

Latest Cryptocurrency News
Tue, 10/15/2019 - 12:35
Yuri Molchan
The crypto Twitter seems is bullish on Ethereum, EOS and XRP, in particular believing ETH price is undervalued
Crypto Traders Are Bullish on Ethereum, BTC, EOS, XRP, Say ETH Is ‘Significantly Undervalued’
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Ethereum, the second biggest coin by the market cap, is currently trading at $184.59, as per CoinMarketCap. Its ATH back in 2017 was around $1,200 and many still believe that the price of the coin may surge back to the old ATH and even to a new one.

 

Crypto Twitter still believes in ETH

Ethereum has not been aggressively promoting itself unlike some other cryptocurrency projects, making a bet on developments, not on social media presence.

The crypto trader @CryptoWelson calls ETH ‘significantly undervalued’ and says that buying ETH at the current price is still very much worthwhile as the ETH quotes are likely to surge in the long term.

 

Another crypto trader, @TheCryptoDog, seems to feel nostalgic about earlier years, when Ethereum in percentage brought its investors much higher yields, than Bitcoin. Back in the fall 2017, the ETH price quickly made it from around $300 to $800 and then the price got over $1,200 before dropping along with Bitcoin and other crypto assets.

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A trader is bullish on BTC, ETH, XRP, EOS

A crypto trader has made a bullish forecast on several altcoins along with Bitcoin. The list includes BTC, ETH, XRP and EOS.

As per @SalsaTekila, ETH may hit the $250 level soon. Bitcoin is likely to rise to $9,300.

 

Do you believe the ETH price will recover its 2017 ATH in the short term? Feel free to share your opinion in the comments section!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.